The EURUSD pair extended its gains in its latest intraday trading, supported by the emergence of the positive signals from the relative strength indicators, after offloading its overbought conditions, amid the dominance of bullish corrective waves on the short-term basis, reaching EMA50’s resistance, threatening these gains if it manages to surpass the resistance in the upcoming near period.

Dogecoin (DOGEUSD) edged slightly higher in recent intraday trading, supported by positive signals from momentum indicators after they reached extremely oversold territory. The cryptocurrency is attempting to recover part of its previous losses, but the primary short-term bearish trend remains firmly in control, with price action continuing to move alongside a descending trendline that supports the downtrend. Additional negative pressure persists as the price continues to trade below its 50-period Simple Moving Average (SMA), limiting the prospects for a sustained recovery in the near term.

Therefore, our outlook remains bearish for the cryptocurrency's upcoming intraday trading sessions, as long as resistance at $0.0767 remains intact. Under this scenario, the next downside target is seen at the $0.0678 support level.

Today's price forecast: Bearish.

Advanced Micro Devices, Inc. (AMD) moved lower in recent intraday trading as the stock attempts to build fresh positive momentum that could support a renewed recovery and advance. Despite the pullback, the primary short-term bullish trend remains intact, while positive pressure continues to stem from the stock's trading above its 50-day Simple Moving Average (SMA), reinforcing the prospects for further gains in the near term. Momentum indicators are also generating positive signals, adding support to the bullish outlook.

Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $461.70 holds firm. Under this scenario, the stock is expected to target the key resistance level at $563.00 in preparation for a potential breakout attempt.

Today's price forecast: Bullish.

ConocoPhillips (COP) continued to decline in recent intraday trading, with a short-term bearish corrective trend remaining firmly in control. Price action continues to move alongside a descending trendline that supports the current downward trajectory. Additional negative pressure stems from the stock's continued trading below its 50-day Simple Moving Average (SMA), reinforcing the bearish outlook. Momentum indicators are also generating negative signals despite remaining in extremely oversold territory, suggesting that downside pressure is still intact.

Therefore, our outlook remains bearish for the stock's upcoming trading sessions, as long as resistance at $113.60 remains intact. Under this scenario, the stock is expected to target its next support level at $99.65.

Today's price forecast: Bearish.